Zillow Group, Inc. (NASDAQ:Z) COO Jun Choo Sells 1,277 Shares of Stock

Zillow Group, Inc. (NASDAQ:Z) COO Jun Choo sold 1,277 shares of Zillow Group stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $77.72, for a total value of $99,248.44. Following the transaction, the chief operating officer now directly owns 86,853 shares of the company’s stock, valued at approximately $6,750,215.16. The trade was a 1.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Jun Choo also recently made the following trade(s):

• On Tuesday, November 19th, Jun Choo sold 10,000 shares of Zillow Group stock. The shares were sold at an average price of $75.10, for a total value of $751,000.00.

Zillow Group Price Performance

Shares of Z stock opened at $79.97 on Friday. The stock has a 50-day moving average price of $78.64 and a 200 day moving average price of $68.42. The company has a current ratio of 3.13, a quick ratio of 3.13 and a debt-to-equity ratio of 0.11. Zillow Group, Inc. has a 12 month low of $38.45 and a 12 month high of $89.39.

Zillow Group (NASDAQ:Z) last announced its quarterly earnings data on Tuesday, February 11th. The financial services provider reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.48). Zillow Group had a negative return on equity of 2.33% and a negative net margin of 6.17%. As a group, analysts predict that Zillow Group, Inc. will post -0.42 EPS for the current year.

Institutional Trading of Zillow Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in Z. DoubleLine ETF Adviser LP boosted its holdings in Zillow Group by 1.5% during the fourth quarter. DoubleLine ETF Adviser LP now owns 10,868 shares of the financial services provider’s stock worth $805,000 after buying an additional 163 shares during the last quarter. Keel Point LLC boosted its holdings in Zillow Group by 1.7% during the fourth quarter. Keel Point LLC now owns 13,760 shares of the financial services provider’s stock worth $1,019,000 after buying an additional 234 shares during the last quarter. Schonfeld Strategic Advisors LLC bought a new position in Zillow Group during the fourth quarter worth about $687,000. AQR Capital Management LLC boosted its holdings in Zillow Group by 652.1% during the fourth quarter. AQR Capital Management LLC now owns 131,015 shares of the financial services provider’s stock worth $9,702,000 after buying an additional 113,594 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in Zillow Group by 17.5% during the fourth quarter. Northern Trust Corp now owns 970,523 shares of the financial services provider’s stock worth $71,867,000 after buying an additional 144,820 shares during the last quarter. 71.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on Z shares. Wedbush reissued an “outperform” rating and set a $100.00 price objective on shares of Zillow Group in a report on Wednesday. Deutsche Bank Aktiengesellschaft lifted their price objective on Zillow Group from $90.00 to $95.00 and gave the company a “buy” rating in a report on Tuesday. Baird R W raised Zillow Group to a “hold” rating in a report on Friday, January 31st. Bank of America raised their target price on Zillow Group from $54.00 to $71.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Finally, Jefferies Financial Group raised their target price on Zillow Group from $80.00 to $90.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Five investment analysts have rated the stock with a hold rating, four have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, Zillow Group currently has a consensus rating of “Moderate Buy” and an average price target of $82.00.

About Zillow Group

Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.